Beverages
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Coca-Cola System celebrates 70 years in Nigeria, earmarks US$1 billion investment in next 5 years
NIGERIA – Boasting of having 8 manufacturing plants, over 7,000 dealers, skilled and dedicated employees, and a sophisticated distribution system across Nigeria, there is practically…
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Diageo to expand tequila production capacity with US$500m investment in new facilities in Mexico
MEXICO – British multinational brewing company Diageo is investing about US$500 million in expanding its tequila production in Mexico amid surging demand for the Mexican alcoholic drink. According to…
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Varun Beverages Zimbabwe rumps up production with launch of new US$12m production line
ZIMBABWE – Varun Beverages Zimbabwe (Pvt) Limited, the franchise bottler of PepsiCo in Zimbabwe, has commissioned a new US$12m water bottling line, with a production…
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EABL adopts new identity, unveils new US$99m corporate bond to fund operations
KENYA – Regional alcohol manufacturer, East African Breweries Limited, has changed its name to East African Breweries PLC with effect from 1st October 2021. The…
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Danny Celoni to succeed Peter Filipovic as CEO of Carlton & United Breweries
AUSTRALIA – Beverage industry veteran Danny Celoni has been appointed by Asahi Beverages as the CEO designate of Australian brewing company Carlton & United Breweries (CUB), effective February…